Proterra’s filing for Chapter 11 bankruptcy protection took the EV industry by surprise, but the blow was softened by the company’s plan to sell off its business units: Proterra Powered (powertrain and battery technology); Proterra Transit (electric buses); and Proterra Energy (charging infrastructure). In November, the Volvo Group was selected as the winning bidder for Proterra Powered…. Read more…
Phoenix completes purchase of Proterra’s electric transit vehicle business
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